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Side-by-side financial comparison of AvalonBay Communities (AVB) and Global Payments (GPN). Click either name above to swap in a different company.

Global Payments is the larger business by last-quarter revenue ($3.0B vs $767.9M, roughly 3.9× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs -59.9%, a 9100.5% gap on every dollar of revenue. On growth, Global Payments posted the faster year-over-year revenue change (63.1% vs 3.7%). Over the past eight quarters, Global Payments's revenue compounded faster (7.5% CAGR vs 3.8%).

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The company processes payments made through credit cards, debit cards, and digital and contactless payments.

AVB vs GPN — Head-to-Head

Bigger by revenue
GPN
GPN
3.9× larger
GPN
$3.0B
$767.9M
AVB
Growing faster (revenue YoY)
GPN
GPN
+59.5% gap
GPN
63.1%
3.7%
AVB
Higher net margin
AVB
AVB
9100.5% more per $
AVB
9040.6%
-59.9%
GPN
Faster 2-yr revenue CAGR
GPN
GPN
Annualised
GPN
7.5%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVB
AVB
GPN
GPN
Revenue
$767.9M
$3.0B
Net Profit
$166.0M
$-1.8B
Gross Margin
Operating Margin
64.2%
12.5%
Net Margin
9040.6%
-59.9%
Revenue YoY
3.7%
63.1%
Net Profit YoY
-41.2%
-688.7%
EPS (diluted)
$1.18
$-6.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVB
AVB
GPN
GPN
Q1 26
$3.0B
Q4 25
$767.9M
$1.3B
Q3 25
$766.8M
$2.0B
Q2 25
$760.2M
$2.0B
Q1 25
$745.9M
$2.4B
Q4 24
$740.5M
$2.5B
Q3 24
$734.3M
$2.6B
Q2 24
$726.0M
$2.6B
Net Profit
AVB
AVB
GPN
GPN
Q1 26
$-1.8B
Q4 25
$166.0M
$217.5M
Q3 25
$381.3M
$635.2M
Q2 25
$268.7M
$241.6M
Q1 25
$236.6M
$305.7M
Q4 24
$282.1M
$567.2M
Q3 24
$372.5M
$315.1M
Q2 24
$253.9M
$374.8M
Gross Margin
AVB
AVB
GPN
GPN
Q1 26
Q4 25
89.7%
Q3 25
72.3%
Q2 25
74.5%
Q1 25
61.8%
Q4 24
62.1%
Q3 24
63.6%
Q2 24
63.5%
Operating Margin
AVB
AVB
GPN
GPN
Q1 26
12.5%
Q4 25
64.2%
5.9%
Q3 25
65.7%
38.8%
Q2 25
67.6%
21.8%
Q1 25
68.5%
19.5%
Q4 24
63.1%
33.1%
Q3 24
65.4%
18.3%
Q2 24
66.6%
22.3%
Net Margin
AVB
AVB
GPN
GPN
Q1 26
-59.9%
Q4 25
9040.6%
16.4%
Q3 25
49.7%
31.6%
Q2 25
35.3%
12.3%
Q1 25
31.7%
12.7%
Q4 24
38.1%
22.5%
Q3 24
50.7%
12.1%
Q2 24
35.0%
14.6%
EPS (diluted)
AVB
AVB
GPN
GPN
Q1 26
$-6.59
Q4 25
$1.18
$0.91
Q3 25
$2.68
$2.64
Q2 25
$1.88
$0.99
Q1 25
$1.66
$1.24
Q4 24
$1.99
$2.23
Q3 24
$2.61
$1.24
Q2 24
$1.78
$1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVB
AVB
GPN
GPN
Cash + ST InvestmentsLiquidity on hand
$187.2M
$5.9B
Total DebtLower is stronger
$9.3B
$22.6B
Stockholders' EquityBook value
$11.6B
$24.5B
Total Assets
$22.2B
$64.3B
Debt / EquityLower = less leverage
0.80×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
GPN
GPN
Q1 26
$5.9B
Q4 25
$187.2M
$8.3B
Q3 25
$123.3M
$2.6B
Q2 25
$102.8M
$2.6B
Q1 25
$53.3M
$2.9B
Q4 24
$108.6M
$2.5B
Q3 24
$552.4M
$2.9B
Q2 24
$545.8M
$2.1B
Total Debt
AVB
AVB
GPN
GPN
Q1 26
$22.6B
Q4 25
$9.3B
$19.5B
Q3 25
$8.7B
$13.3B
Q2 25
$8.7B
$14.2B
Q1 25
$8.3B
$15.0B
Q4 24
$8.1B
$15.2B
Q3 24
$8.4B
$15.2B
Q2 24
$8.4B
$15.6B
Stockholders' Equity
AVB
AVB
GPN
GPN
Q1 26
$24.5B
Q4 25
$11.6B
$22.9B
Q3 25
$11.9B
$22.7B
Q2 25
$11.9B
$22.6B
Q1 25
$11.9B
$22.2B
Q4 24
$11.9B
$22.3B
Q3 24
$11.9B
$22.8B
Q2 24
$11.7B
$22.4B
Total Assets
AVB
AVB
GPN
GPN
Q1 26
$64.3B
Q4 25
$22.2B
$53.3B
Q3 25
$21.9B
$48.0B
Q2 25
$21.8B
$48.5B
Q1 25
$21.2B
$47.6B
Q4 24
$21.0B
$46.9B
Q3 24
$21.3B
$50.0B
Q2 24
$21.0B
$50.8B
Debt / Equity
AVB
AVB
GPN
GPN
Q1 26
0.92×
Q4 25
0.80×
0.85×
Q3 25
0.73×
0.59×
Q2 25
0.72×
0.63×
Q1 25
0.70×
0.67×
Q4 24
0.68×
0.68×
Q3 24
0.70×
0.67×
Q2 24
0.71×
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVB
AVB
GPN
GPN
Operating Cash FlowLast quarter
$1.7B
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
183.5%
Capex IntensityCapex / Revenue
34.1%
8.8%
Cash ConversionOCF / Net Profit
10.07×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
GPN
GPN
Q1 26
Q4 25
$1.7B
$515.2M
Q3 25
$477.0M
$768.7M
Q2 25
$377.8M
$817.5M
Q1 25
$415.9M
$555.1M
Q4 24
$1.6B
$653.4M
Q3 24
$486.2M
$1.7B
Q2 24
$380.0M
$736.9M
Free Cash Flow
AVB
AVB
GPN
GPN
Q1 26
Q4 25
$1.4B
$347.0M
Q3 25
$402.2M
$598.9M
Q2 25
$317.1M
$665.4M
Q1 25
$367.5M
$427.5M
Q4 24
$1.4B
$469.4M
Q3 24
$434.2M
$1.6B
Q2 24
$333.0M
$557.7M
FCF Margin
AVB
AVB
GPN
GPN
Q1 26
Q4 25
183.5%
26.1%
Q3 25
52.5%
29.8%
Q2 25
41.7%
34.0%
Q1 25
49.3%
17.7%
Q4 24
191.0%
18.7%
Q3 24
59.1%
60.0%
Q2 24
45.9%
21.7%
Capex Intensity
AVB
AVB
GPN
GPN
Q1 26
8.8%
Q4 25
34.1%
12.7%
Q3 25
9.8%
8.5%
Q2 25
8.0%
7.8%
Q1 25
6.5%
5.3%
Q4 24
26.1%
7.3%
Q3 24
7.1%
6.4%
Q2 24
6.5%
7.0%
Cash Conversion
AVB
AVB
GPN
GPN
Q1 26
Q4 25
10.07×
2.37×
Q3 25
1.25×
1.21×
Q2 25
1.41×
3.38×
Q1 25
1.76×
1.82×
Q4 24
5.70×
1.15×
Q3 24
1.31×
5.48×
Q2 24
1.50×
1.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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